Greeks cut back on energy and food to pay taxes

23 August 2017
951 Views

Greek households used 56 million litres less petrol during the first six months of the year, according to data from the Ministry for Environment, while the annual volume of petrol consumption fell by 4%. In an effort to save money and cover increased tax burdens including vehicle registration fees, property and income tax, data showed sales of dairy products were down by 3.5%, while house cleaning producers and personal hygiene products dropped by 4.9% and 4.6%, respectively. The sales of electronics were also down, according to Gfk, as newspaper Ta Nea reports, as IT products fell by 11.2%, telecommunications by 5.3% and electronic goods were down by 5.8%. The consumer confidence index had returned to February 2015 levels.

You may be interested

Coronavirus Greece: 2,845 new cases, 165 intubated, 12 deaths
GREECE
shares36 views
GREECE
shares36 views

Coronavirus Greece: 2,845 new cases, 165 intubated, 12 deaths

makis - Jul 30, 2021

Greek authorities announced that the new laboratory-confirmed cases of coronavirus recorded in the last 24 hours are 2,845, of which…

Coronavirus Greece: 2,696 new cases, 157 intubated, 9 deaths
GREECE
shares43 views
GREECE
shares43 views

Coronavirus Greece: 2,696 new cases, 157 intubated, 9 deaths

makis - Jul 29, 2021

Greek authorities announced today that the new laboratory-confirmed cases of coronavirus recorded in the last 24 hours are 2,696, of…

Greek real estate market still strong despite Covid-19 pandemic, report shows
FINANCE
shares47 views
FINANCE
shares47 views

Greek real estate market still strong despite Covid-19 pandemic, report shows

Panos - Jul 29, 2021

The Greek real estate market is demonstrating resilience in 2020 despite the fact that the pandemic had an overall negative impact on the…

Leave a Comment

Your email address will not be published.